India

World’s Largest Regional Organization to Switch to Settlements in National Currencies

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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

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According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries…

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

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India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” Ta rõhutas: “We seek to…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

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China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

Indian Government Answers Questions About Crypto Legalization, Fraud Prevention

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The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against…

India hõlbustab rahvusvahelisi arveldusi ruupiates, et vähendada sõltuvust USA dollarist

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India valitsus on teatanud, et hõlbustab rahvusvaheliste tehingute arveldamist oma rahvusvaluutat kasutades, ruupia. Osana aprillis rakendatud väliskaubanduspoliitika raamistikust 1, riik võttis selle meetme kasutusele maksete hõlbustamiseks…

Saudi Araabia ja OPEC avaldasid üllatusena naftatootmise kärpimise; Valge Maja väidab, et kärped pole praegu soovitatavad

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Pühapäeval, Saudi Araabia ja mitmed suuremad naftatootjad teatasid oma plaanist vähendada naftatootmist 1.15 miljonit barrelit päevas, algab mais ja kestab kuni aasta lõpuni 2023. Saudi Araabia energiaministeeriumi andmetel, käik oli…

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Aruanne

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The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ tippkohtumisel, according to a top Russian official. “The transition to settlements in national currencies is the first…

Äärmuslik turu turbulents: Kriitikud helistavad Warreni Silvergate'i väitele, et see on kohutavalt valesti informeeritud,SVB kukub kokku, Vitaliku märgi müük liigutab turge, ja rohkem – nädala ülevaade

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Rahanduses on olnud rahutu nädal, kui niinimetatud krüptosõbralik Silvergate Bank teatas oma likvideerimisest, USA. Senaator Elizabeth Warren süüdistab sündmust “krüptorisk,” ja üksikisikud sotsiaalmeedias, kes osutavad, et Warren on “kohutavalt valesti informeeritud.” Lisaks, USA. Regulaatorid…

Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign

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Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. Indian…